Mr. Manafort, who becomes the fifth associate of President Trump to plead guilty in connection with special counsel Robert Mueller’s investigation, is expected to admit to conspiracy against the U.S. and conspiracy to obstruct justice. He already was convicted last month by a federal jury in Virginia of not reporting to tax authorities more than $16 million he earned for political consulting work in Ukraine in the early 2010s.
Mr. Manafort already faces about eight to 10 years in prison, and the second trial, in Washington, D.C., was set to cover additional charges related to that Ukraine work.
In connection with the agreement, Mr. Manafort agreed to forfeit four of his multimillion-dollar homes, including a Brooklyn townhome and an estate on Long Island, and funds in multiple bank accounts. Other terms of the deal couldn’t immediately be determined, including whether they include any requirement for Mr. Manafort to cooperate in Mr. Mueller’s inquiry into Russian interference in the 2016 election and any links to the Trump campaign.
As a former campaign chairman, Mr. Manafort would likely know details about the campaign’s inner operations.
Mr. Manafort has resisted any notion of cooperating with Mr. Mueller, and his lawyer said at the outset of the Virginia trial that there was no chance of such cooperation.